April 13, 2020
I am not sure how the SEC imposing the proposed rules on leveraged and inverse funds is in the best interest of the investing public? As an individual investor, I should have the right to choose which investments I feel are correct for my situation and understanding of the risks. If investing with an advisor, they hold fiduciary responsibility to act in my best interest or be held accountable.
Leveraged and inverse funds are important to you, and they allow you to seek enhanced returns or help you protect your portfolio.
You are capable of understanding leveraged and inverse funds and their performance characteristics, and you dont want a third party evaluating your capability to do so and potentially preventing you from buying them.
You want to preserve the long-standing free public markets where investors and their advisors have the freedom to buy public securities without additional government-imposed limitations on investor choice.